46 CFR 565.5 – Exceptions
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All controlled carriers shall be subject to provisions of this part and section 9 of the Shipping Act of 1984 (46 U.S.C. §§ 40701–40706) except those which meet the following exceptions:
(a) When the vessels of the controlling state are entitled by a treaty of the United States to receive national or most-favored-nation treatment; or
(b) When the controlled carrier operates in a trade served exclusively by controlled carriers.